Examlex
Explain how the UCC "battle of the forms" is resolved in nonmerchants and in merchant transactions.
Profit Margin
A financial ratio used to assess a company's profitability by dividing net income by revenue, demonstrating the percentage of revenue that constitutes profit.
Income From Operations
The income earned from a company's everyday core business operations, excluding income from investments and other non-operational sources.
Invested Assets
Assets that are purchased or acquired for long-term income potential or to benefit the business operations.
Investment Turnover
A measure of the efficiency with which a company uses its assets to generate sales or revenue, calculated as sales divided by invested assets.
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